Vasta Platform Limited (NASDAQ:VSTA) Short Interest Update

Vasta Platform Limited (NASDAQ:VSTAGet Free Report) saw a significant drop in short interest in the month of October. As of October 15th, there was short interest totalling 8,200 shares, a drop of 22.6% from the September 30th total of 10,600 shares. Based on an average trading volume of 98,800 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the company’s shares are sold short.

Vasta Platform Stock Performance

Shares of Vasta Platform stock opened at $2.70 on Tuesday. The company has a current ratio of 1.60, a quick ratio of 1.27 and a debt-to-equity ratio of 0.17. The firm has a market capitalization of $218.70 million, a P/E ratio of -52.59 and a beta of 0.12. The business has a fifty day simple moving average of $2.56 and a two-hundred day simple moving average of $3.04. Vasta Platform has a 12 month low of $2.11 and a 12 month high of $4.55.

Vasta Platform (NASDAQ:VSTAGet Free Report) last announced its quarterly earnings data on Wednesday, August 7th. The company reported ($0.03) EPS for the quarter, beating the consensus estimate of ($0.10) by $0.07. The business had revenue of $56.48 million during the quarter, compared to analyst estimates of $57.35 million. Vasta Platform had a positive return on equity of 1.82% and a negative net margin of 2.82%. On average, equities analysts forecast that Vasta Platform will post 0.62 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. lowered Vasta Platform from an “overweight” rating to an “underweight” rating in a research note on Tuesday, August 27th.

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Vasta Platform Company Profile

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Vasta Platform Limited provides educational printed and digital solutions to private schools operating in the K-12 education sector in Brazil. The company offers digital and printed textbooks, teacher handbooks, exercise books, multidisciplinary subject books, and student evaluations; and PAR platform that allows schools to select their preferred books and materials and follow their own specific teaching methods.

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